Employers Holdings (EIG) director awarded 2,196 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Employers Holdings, Inc. director Marvin Pestcoe reported an equity compensation award in the form of restricted stock units. He acquired 2,196 shares of common stock at a stated price of $0.00 per share, described as a grant or award. These restricted stock units vest on May 28, 2027. Following this award, his direct holdings reported in the filing total 4,599 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pestcoe Marvin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 2,196 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 4,599 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 2,196 shares
Grant price: $0.00 per share
Holdings after grant: 4,599 shares
+1 more
4 metrics
RSU grant size
2,196 shares
Restricted stock units granted to Marvin Pestcoe
Grant price
$0.00 per share
Stated transaction price for the RSU award
Holdings after grant
4,599 shares
Total direct holdings following the transaction
Vesting date
May 28, 2027
Vesting date for the 2,196 restricted stock units
Key Terms
restricted stock units, grant, award, or other acquisition, Form 4
3 terms
restricted stock units financial
"Represents restricted stock units that vest on May 28, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
grant, award, or other acquisition financial
"transaction code description is Grant, award, or other acquisition"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Employers Holdings (EIG) report for Marvin Pestcoe?
Employers Holdings reported that director Marvin Pestcoe received 2,196 restricted stock units as an equity award. The units relate to common stock with a stated price of $0.00 per share and increase his reported direct holdings to 4,599 shares.
Was the Employers Holdings (EIG) insider transaction a stock purchase or a grant?
The transaction was a stock grant, not an open-market purchase. Marvin Pestcoe acquired 2,196 shares through a grant or award transaction code “A,” with a reported price of $0.00 per share and vesting scheduled for May 28, 2027.
When do Marvin Pestcoe’s restricted stock units in Employers Holdings (EIG) vest?
The restricted stock units granted to Marvin Pestcoe vest on May 28, 2027. Until vesting, the 2,196 units represent an equity award linked to Employers Holdings common stock rather than immediately available, fully vested shares.
What does transaction code “A” mean in the Employers Holdings (EIG) Form 4?
Transaction code “A” in this Form 4 indicates a grant, award, or other acquisition of securities rather than an open-market trade. For Marvin Pestcoe, it reflects 2,196 restricted stock units granted as equity compensation in Employers Holdings common stock.